Calculate payments and amortization for a single loan, or use the Debt Overview tab to enter all your current loans and see total debt, total annual payments, total annual interest, and every figure broken down per acre.
Calculate monthly payments, total interest, and full amortization schedules for agricultural loans — land purchases, equipment financing, operating lines, and farm improvement projects. Enter loan amount, interest rate, and term to see a payment breakdown by year. The Debt Overview tab compares multiple loans side-by-side for total farm debt analysis. No account or signup required.
Estimate your loan repayments, total interest, and cost per acre for equipment, land, or operating loans.
Fill in the fields and press Calculate to see your results.
An agricultural loan (ag loan) is financing specifically for farming operations — purchasing land, equipment, livestock, or operating inputs like seed and fertilizer. Ag loans often come from specialized lenders like Farm Credit, USDA Farm Service Agency, or rural banks, and may offer longer terms and lower rates than conventional loans because farmland is stable collateral. This calculator works for any loan but is sized and labeled for typical agricultural loan amounts and terms.
On a $500,000 loan at 6.5%:
| Term | Monthly Payment | Total Interest | Total Cost |
|---|---|---|---|
| 15 years | $4,355 | $283,900 | $783,900 |
| 20 years | $3,731 | $395,440 | $895,440 |
| 30 years | $3,160 | $637,600 | $1,137,600 |
Choosing a 15-year over 30-year term saves approximately $353,700 in interest on a $500,000 loan at 6.5%. Use the Ag Loan Calculator to model any rate, term, and principal.
Annual debt service = annual principal + annual interest. For a $500,000 loan at 7% over 20 years, annual payment ≈ $47,000 ($500,000 × 0.09439 amortization factor). Monthly payment = annual ÷ 12 = $3,917. Use the Ag Loan calculator to find exact payments at any rate and term.